Hoover's Attempts to Deal with the Depression Flashcards
What did Hoover insist during the Depression? Why did this upset so many Americans?
‘Prosperity is just around the corner’. Because they’d lost everything and felt as if their suffering wasn’t being taken seriously enough.
When did Hoover become president?
1929, bad timing, eh pal?
Hoover set up the RFC, what was this and did it do?
RFC = Reconstruction Finance Company
It lent money, banks, industries and agriculture.
Hoover tried to encourage ________ ______.
American Exports.
Hoover ordered the construction of the _______ ___ on the Colorado River.
Was this construction successful?
Hoover Dam.
It provided work for quite a few people, which was good.
Hoover did what to taxes?
He cut them, so people had more money to spend.
How much money did Hoover give to individual states in 1932 to help unemployed people?
$300 million.
Hoover was a huge believer in ‘rugged ___________’. This meant that his attitudes to the poor were _________.
Rugged individualism.
He showed very little sympathy towards the poor.
Was the USA showing any signs of recovery by the presidential campaign of 1932?
No, Hoover was voted out, Roosevelt took office in 1933.
